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Reason
Reason
Eric Boehm

J.D. Vance Thinks U.S. Steel's Shareholders Weren't Adequately Warned of J.D. Vance's Efforts To Block Sale

JD Vance US Steel SEC Dominic Pino Nippon

Shortly after Nippon Steel announced plans to purchase U.S. Steel, Sen. J.D. Vance (R–Ohio) vowed to "do everything in my power" to prevent the two private companies from finishing the deal.

Even against that backdrop, Vance's latest gambit is a shocking and shameless attempt at using federal power to steer U.S. Steel's shareholders away from the deal.

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